A proposal to extend the Paycheck Protection Program (PPP) through the end of May has passed the Senate by a vote of 92-7.
The IRS has issued Notice 2021-22, which contains updated guidance on factors used in certain defined benefit pension plan minimum funding and present value calculations.
President Biden has signed legislation that funds another round of assistance as the nation copes with the health and economic effects of the coronavirus pandemic.
President Biden has signed into law the American Rescue Plan Act one day after the House of Representatives voted to pass the amended package.
Following Senate passage, the House of Representatives has passed the American Rescue Plan Act of 2021 to provide additional relief to address the continued impact of COVID-19.
The House of Representatives has passed the American Rescue Plan Act of 2021 to provide additional relief to address the continued impact of COVID-19.
The IRS has issued Notice 2021-16, which contains updated guidance on factors used in certain defined benefit (DB) pension plan calculations.
Legislation proposed by the House Ways and Means Committee to provide pandemic relief includes several items that would affect retirement and health benefits.
House Ways and Means Committee Chairman Richard Neal (D-MA) has introduced in the initial days of the 117th Congress the Emergency Pension Plan Relief Act (EPPRA) of 2021.
The IRS has issued updated guidance on factors used in certain defined benefit (DB) pension plan minimum funding and present value calculations.